Additionally, there are different rules for heavy SUVs, vans, and pickup trucks.

23 июн. 2023 г. · The luxury auto depreciation limitations are the same for cars, light SUVs, light trucks and light vans. (Before the TCJA, the limits for light ...

30 июн. 2023 г. · The luxury auto depreciation limitations are the same for cars, light SUVs, light trucks and light vans. Prior to the TCJA, the limits for light ...

20 мая 2024 г. · For passenger autos placed in service in 2023, the luxury auto depreciation limits only affect vehicles that cost $69,000 or more if first-year ...

These deduction caps are often referred to as the "luxury car caps," even though they can apply to relatively inexpensive vehicles.

cars with an unloaded gross vehicle weight of more than 6,000 pounds; or · SUVs, trucks and vans with a gross vehicle weight rating (GVWR) of more than 6,000 ...

31 янв. 2015 г. · SUVs are considered trucks, so SUVs that are less than 6,000 pounds are subject to the Sec. 280F depreciation limits for trucks and vans.

cars with an unloaded gross vehicle weight of more than 6,000 pounds; or; SUVs, trucks, and vans with a gross vehicle weight rating (GVWR) of more than 6,000 ...

The tables show limitations on depreciation deductions for owners of passenger vehicles (including trucks and vans) first placed in service during calendar ...

The $25,000 limit applies to a sport utility vehicle, truck with an interior cargo bed length less than six feet, and a van that seats fewer than 10 persons ...